Hey people of The MarketPlace Café, This is the recap of economy news from the week beginning 21st of June, with a major focus on the African Economy
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Sources:
https://www.cnbc.com/2020/06/24/imf-global-economy-to-contract-with-coronavirus-recovery-slow.html
https://www.nature.com/articles/d41586-020-01885-6
https://www.bbc.com/news/business-53145317
https://www.nbcnews.com/politics/immigration/trump-sign-order-freezing-visas-foreign-workers-through-end-year-n1231782
https://www.theeastafrican.co.ke/business/Africa-GDP-growth-projected-to-drop-below-zero-Covid-effects/2560-5580614-3ur7m6z/index.html
https://businessday.ng/business-economy/article/imf-lowers-economic-growth-projection-for-nigeria-to-5-4/
https://www.news24.com/fin24/budget/sa-economy-to-contract-to-worst-level-in-90-years-20200624
https://www.theeastafrican.co.ke/business/Africa-at-risk-of-slipping-into-a-Covid-banking-crisis/2560-5577348-53r30l/index.html
https://www.news24.com/fin24/companies/financial-services/sa-banks-will-likely-face-more-provisions-for-bad-loans-sarbs-naidoo-says-20200626
https://businessday.ng/energy/power/article/lagos-targets-new-investments-in-power-sector-reform-law-review/
https://businessday.ng/health/article/pshan-aig-imoukhuede-kick-off-design-phase-of-phc-adoption-programme/
https://www.news24.com/fin24/companies/industrial/south-africa-needs-saa-and-serious-players-are-interested-in-its-value-says-acting-dg-20200625
https://www.news24.com/fin24/companies/industrial/vote-on-saa-rescue-plan-postponed-as-dismayed-brps-warn-of-risk-to-airline-20200625
https://www.theeastafrican.co.ke/business/KQ-State-takeover-set-for-take-off-as-Bill-tabled/2560-5583364-kj9ooz/index.html
https://www.reuters.com/article/us-europcar-m-a-volkswagen/volkswagen-explores-acquisition-of-car-rental-group-europcar-sources-idUSKBN23U3EP?il=0